Dealings by Substantial Shareholders

Elementis PLC 25 November 1999 The following alteration should be made to the Elementis PLC - Dealings by Substantial Shareholders announcement released today at 16:41 under RNS No 4504b. The total of the percentage of class in the Schedule of Registered Holdings should read 20.1647% and not 10.1647% as previously shown. The full corrected version is shown below. DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY ELEMENTIS PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST FRANKLIN RESOURCES INC 3) Please state whether notification indicates that it is in respect of holding of the Shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. PLEASE SEE BELOW 5) Number of shares/amount of stock acquired. PLEASE SEE BELOW 6) ( N/A %) of issued Class 7) Number of shares/amount of stock disposed 8) ( N/A %) of issued Class 9) Class of security ORDINARY SHARES OF 5P 10) Date of transaction 23 NOVEMBER 1999 11) Date company informed 25 NOVEMBER 1999 12) Total holding following this notification 87,002,810 ORDINARY SHARES OF 5P 13) Total percentage holding of issued class following this notification 20.16% 14) Any additional information 15) Name of contact and telephone number for queries KERIN WILLIAMS 0207 398 1439 16) Name and signature of authorised company official responsible for making this notification Date of Notification ...25 NOVEMBER 1999...... Letter to: Elementis Plc S.198 Companies Act - Disclosure of Share Interests We are acting on behalf of Franklin Resources, Inc. and its affiliates, which includes Franklin Mutual Advisers, Inc and Templeton Worldwide, Inc. and its affiliates. Franklin Resources, Inc. and its affiliates perform investment management and advisory services for clients on a global basis. We wish to advise you of interests in the share capital of your Company under management of Franklin Resources, Inc. and its affiliates on behalf of clients, below is a copy of Form SAR 3 in respect of dealings in relevant securities of the Company which was faxed to the Stock Exchange today. If you have any questions regarding this disclosure, please contact Kristina Perez at 954-527-7465 or Colleen Lightbourne at 954-527-7588. You may also contact either individual by facsimile at 954-527-2160. Letter from: Franklin Resources, Inc. SCHEDULE Elementis plc Outstanding Shares 431,462,000 Registered Holder No. of Shares % of Class Chase Nominees Ltd 72,998,659 16.9189% Bank of New York Europe Ltd 3,244,313 0.7519% Bankers Trust Company 95,508 0.0221% Northern Trust Company 364,145 0.0844% State Street Nominees Limited 1,795,000 0.4160% Bank of New York (BONY) 4,812,096 1.1153% Citibank Nominees Ltd. 116,986 0.0271% Merrill Lynch 1,417,118 0.3284% Lloyds Bank PLC 20,105 0.0047% Midland Bank PLC 2,138,880 0.4957% TOTAL 87,002,810 20.1647%

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Elementis (ELM)
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